Euro to Dollar outlook

The Euro-to-Dollar exchange rate's dip below 1.17 marks a significant milestone in the U.S. Dollar's current onslaught and we hear from analysts that the trend is unlikely to be broken in the near-term. 

August 20,2021

Euro-Dollar resilience

The Euro-to-Dollar rate reached new 2021 lows in the penultimate session of the week although declines were limited and helped to make the Euro an outperformer.

August 19,2021

Euro exchange rates

The Euro-to-Dollar rate entered the new week near to 1.18 after narrowly escaping new 2021 lows but may struggle to get up further momentum over the coming days and will also be among the most vulnerable currencies to any recovery by the greenback.

August 16,2021

U.S. inflation Euro Dollar

The Euro enjoyed a tepid relief rally in tandem with other currencies during the mid-week session as the Dollar came off the boil after Bureau of Labor Statistics figures provided further tentative evidence that U.S. inflation rates may be cresting, although some analysts say Euro-Dollar remains at risk of slipping below 1.17.

August 11,2021

Euro Dollar exchange rate today

The Euro-to-Dollar rate entered the new week hobbled afresh and vulnerable anew to a retest of its nearby 2021 lows following signs of a renewed upturn in the U.S. economy that could have implications for Federal Reserve policy in the coming months, and as the coronavirus gathers renewed momentum in parts of Asia.

August 9,2021

Clarida impact on the Dollar

Comments from a prominent member of the Federal Reserve sent a message to foreign exchange markets that the Dollar will likely remain supported against the Euro for a while yet, delaying the prospects of a material recovery in the Euro-to-Dollar exchange rate (EUR/USD).

August 5,2021

Dollar technicals

The Dollar Index has entered the new month on its back foot ahead of a landmark American jobs report, although strategists at BofA Global Research have flagged a “golden cross” formation on the daily charts as a bullish technical indicator for the benchmark and a bearish omen for EUR/USD.

August 3,2021

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